BOARD OF DIRECTORS

Our diverse and independent Board

Our Board supports our management activities to create value and is focused on addressing the ESG priorities of our stakeholders
Mr. Dinesh Kumar Khara

Chairman

Mr. Dinesh Kumar Khara is the Non-Executive Chairman of SBI Life. He holds a Masters Degree in Business Administration from FMS, New Delhi and is a post graduate in Commerce. Mr. Khara joined State Bank of India as a Probationary Officer in 1984 and has over 37 years of experience in all facets of commercial banking such as retail credit, international banking operations, branch management etc. Currently, he is the Chairman of State Bank of India.

Mr. Ashwini Kumar Tewari

Non-Executive, Nominee Director

Mr. Ashwini Kumar Tewari is a career banker and started his career in SBI in the year 1991 as a Probationary Officer. Presently, he is the Managing Director of State Bank of India handling the portfolio of International Banking, Information Technology and Associates & Subsidiaries of the Bank. Mr. Tewari holds a Bachelor’s Degree in Electrical Engineering, he is also a Certified Associate of Indian Institute of Bankers and Certified Financial Planner.

Mr. Deepak Amin

Independent Director

Mr. Deepak Amin holds a Bachelor's Degree in Technology (Computer Science & Engineering) from IIT, Mumbai and a Master's Degree in Science (Computer Science) from Rhode Island, USA. Mr. Amin has more than 29 years of experience in the field of Information Technology and Risk Management. He also served on the Advisory Board of National Science and Technology Entrepreneurship Development Board, to promote technology entrepreneurship and innovations in India.

Mr. Narayan K Seshadri

Independent Director

Mr. Narayan K. Seshadri has more than 40 years of experience in the field of accounting, auditing, litigation support etc. and industry experience includes manufacturing, process, health care, financial services, utilities, infrastructure and technology. He worked with some large Fortune 500/FTSE 100 companies to small start-ups in various international jurisdictions.

Mr. Shobinder Duggal

Independent Director

Mr. Shobinder Duggal holds a Bachelors in Economics (Hons.) from St. Stephens College, Delhi University and is a member of the Institute of Chartered Accountants of India. He has 36 years of work experience with Nestle and Voltas India Limited. He was CFO of South Asia Region for Nestle and has also handled procurement and IT/IS responsibilities. Further, he was Executive Director and CFO in Nestle India Limited and Board member in Nestle Lanka PLC.

Dr. Tejendra Mohan Bhasin

Independent Director

Dr. Tejendra Mohan Bhasin holds a Bachelor’s Degree in Law from University of Delhi and a Master’s Degree in Business Administration from FMS, Delhi. Dr. Bhasin has pursued his Advanced Financial Enterprises Management Programme at Kennedy School of Government, Harvard University. University of Madras has conferred Ph.D. Degree in Management. He has over 43 years of experience in administration, banking and finance industry.

Ms. Usha Sangwan

Independent Director

Ms. Usha Sangwan holds a Master’s Degree in Economics and holds Post Graduate Diploma in Human Resource Management and licentiate from Insurance Institute of India. She has 37 years of work experience with Life Insurance Corporation of India (LIC) and more than 30 years of Board level experience in the Companies like Axis Bank, BSE Ltd, Ambuja Cement, LIC Housing Finance, Grasim Industries etc.

Mr. Mahesh Kumar Sharma

Managing Director and CEO

Mr. Mahesh Kumar Sharma holds a Master of Science Degree in Chemistry and is also a Certified Associate of the Indian Institute of Bankers. He brings with him over 31 years of experience in the banking Sector. He held many important assignments in the State Bank of India.

Length of service of
Directors (Years)


< 4

6


4 TO 6

2

Age group of Directors
(Years)


51 TO 60

4


61 TO 70

4

Committee details

Audit Committee

Investment Committee

Risk Management Committee

Policyholder Protection Committee

Nomination and Remuneration Committee

Corporate Social Responsibility Committee

With Profits Committee

Stakeholder Relationship Committee

C
Chairman/Chairperson
M
Member

As at March 31,2022.